Energy

The government has finalised a deal with Z Energy to secure almost 90 million additional litres of diesel fuel, equivalent to about nine days...

Disruptions in the Strait of Hormuz are pushing global inventories toward operational ‘stress’ and ‘floor’ levels, the outlet has reported. Global oil inventories are shrinking...

Nigeria’s oil, pumped from its own soil, is systematically routed away from its own shores. For Nigeria, Africa’s largest oil producer and one of its...

The alleged trade came shortly before reported progress toward US-Iran deal to end the war, raising suspicions of insider information. A massive crude oil bet...

Concerns over availability will soon replace fears about price, according to Mike Wirth. Physical oil shortages could begin to emerge worldwide within weeks due to...

The move comes just days after the Gulf nation broke with OPEC and OPEC+, citing the need to gain more flexibility over oil output. The...

New Zealand and Singapore have signed a new bilateral agreement aimed at ensuring the uninterrupted flow of essential goods such as fuel, food and...

The jump follows reports of Donald Trump being ready to continue the blockade of Iranian ports “for months”. The price of Brent crude oil rose...

RT India reports from the Rooppur Nuclear Power Plant on a major milestone for the South Asian nation. The beginning of fuel loading at the...

The UAE’s decision to withdraw from the cartel had been “a long time coming,” Obaid Ahmed Al-Zaabi has said. More countries are “very likely” to...

The story of the operators, firefighters, evacuees, and survivors caught in the world’s worst nuclear disaster. The dosimeters went off scale. A huge plume of...

The United Arab Emirates has announced it will leave the OPEC and OPEC+ alliances this week, citing national interests and a shifting long-term energy...

The Government is preparing to ease or suspend regulations it says are limiting New Zealand’s ability to respond to potential global fuel disruptions, as...

Finance Minister Nicola Willis has met with Australian Treasurer Jim Chalmers in Brisbane for the annual trans-Tasman economic dialogue, with talks focusing on fuel...

A fire at the HPCL Rajasthan Refinery in Balotra district was likely triggered by a hydrocarbon leak in a heat exchanger circuit, according to...

The US president vowed, however, to continue to blockade Iranian ports. Iran has announced that it will allow passage for “all commercial vessels” through the...

Australia has moved to strengthen its fuel reserves, with Prime Minister Anthony Albanese confirming the government has backed the purchase of 100 million litres...

Rising fuel prices linked to conflict in the Middle East are expected to drive sharp increases across the construction sector, with experts warning the...

A late-night fire has broken out at a major oil refinery in Geelong, prompting an emergency response and warnings to nearby residents. The blaze started...

Demonstrators have caused traffic disruptions, taking their cue from rallies held in the Republic of Ireland as prices soar. Police in Northern Ireland have slapped...

New Zealand’s retail sector is facing a significant decline hidden by the global fuel spike that is draining household budgets, says Retail NZ Chief...

Oil prices climbed back above $100 on a barrel on Monday as markets reacted to the breakdown in US-Iran negotiations and renewed geopolitical tensions,...

Illegal logging, huge decommissioning costs, and even ecological damage plague the supposedly ‘green’ generators. They may appear to be innocuous – even elegant – on...

Disruptions to oil and gas supplies will leave lasting “scars” on the world economy, managing director Kristalina Georgieva has said. The war in the Middle...

Exxon and Chevron have both disclosed production declines which resulted from the Iran conflict. US energy giants ExxonMobil and Chevron have reported lower production and...

Demonstrators say they’ll choke the Irish economy until the government slashes fuel taxes. The Irish government has announced that it will use the military to...

Hundreds of sites have run dry across the country after price caps triggered a surge in demand amid Middle East war disruptions. Fuel shortages have...

Australian Prime Minister Anthony Albanese has called on Australians to reduce their reliance on cars and shift to public transport where possible, as the...

A recent episode of The Corbett Report challenges mainstream explanations surrounding the ongoing Iran conflict, arguing that the publicly stated reasons for the war...

Households across New Zealand are being warned to expect higher electricity bills, with prices forecast to climb by about five percent as retailers begin...

Deputy Prime Minister David Seymour says New Zealand will avoid the mistakes of its Covid-19 response when managing potential fuel shortages, stressing that restrictions...

Firefighters are working to contain a diesel leak from a pipe in the South Auckland suburb of Manurewa, with three crews at the scene...

Regulation Minister David Seymour is urging businesses, fuel users and the wider public to identify regulatory barriers that could hinder New Zealand’s response to...

New Zealand First has announced a new mining policy that would see half of all royalties from resource extraction returned directly to the regions...

The New Zealand Outdoors & Freedom Party is sounding the alarm on a looming national crisis, as refined fuel stocks face potential depletion by...

The government has expanded its 'National Fuel Plan', outlining a four-phase framework for managing fuel shortages, with New Zealand currently at phase one. Phase 2...

The Government has announced a temporary increase to the in-work tax credit, aimed at easing cost-of-living pressures on low-to-middle-income working families as rising global...

The Government has announced a temporary move to strengthen New Zealand’s fuel supply by allowing fuel that meets Australian specifications to be sold domestically,...

The Government has published its latest fuel supply data as it shifts to providing updates twice a week amid ongoing disruption linked to tensions...

Finance Minister Nicola Willis says New Zealand currently holds around seven weeks’ worth of fuel, including reserves, but cautions the buffer depends on continued...